Simple Interest Questions | Compound Interest Questions with Ans

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Here we sharing selective and important multiple choice Simple and Compound Interest questions and answers for govt exams, which are usually asked in Government Exams. This is the aptitude questions and answers section on Simple and Compound Interest for various competitive examination. Aptitude is the central point that determines your selection in competitive exams SSC, MTS, CGL, Bank, Defence and Railway etc. Hence, Try these online tests on Simple and Compound Interest. Simple and Compound Interest solved questions or problems with solutions covered for all competitive exams, interviews and entrance tests.

Question List Simple Compound Interest

  • 1 . If the difference between simple and compound interest on some principal amount at 16 2/3% per annum for three years is Rs.76, them the principal amount is –

    (A). Rs.648

    (B). Rs.748

    (C). Rs.946

    (D). Rs.864

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  • 2 . A lends Rs.2300 to B and a certain sum to C at the same time at 8% p.a. simple interest. If after 4 years. A altogether receives Rs. 1312 as interest from B and C, then the sum lent to C is :-

    (A). Rs.1500

    (B). Rs.1300

    (C). Rs.1800

    (D). Rs.2000

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  • 3 . The difference between compound interest and simple interest on an amount of Rs. 13000 for 2 years is Rs. 63.70. What is the rate of interest per annum?

    (A). 8

    (B). 7

    (C). 9

    (D). 6

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  • 4 . A person invested in all Rs. 7400 at 3%, 7% and 9% per annum simple interest. At the end of the year, he got the same interest in all the three cases. The money invested at 7% is

    (A). Rs.1400

    (B). Rs.1800

    (C). Rs.2100

    (D). Rs.1900

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  • 5 . A certain sum of money amounts to Rs. 3630 in 2yrs and Rs. 3993 in 3 years at same rate of compound interest, compounded annually. The rate of interest per annum is –

    (A). 10%

    (B). 7%

    (C). 6%

    (D). 4%

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  • 6 . The rate of interest for the first 2yrs is 3% p.a. , for next 3yrs is 8% p.a. and for the period beyond 5yrs is 10% p.a. if a man earns Rs. 1520 as a simple interest for 6yrs, How many money did he deposit?

    (A). Rs. 3800

    (B). Rs. 3600

    (C). Rs. 3700

    (D). Rs. 3500

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  • 7 . At x% rate of simple interest Rs. 3200 become Rs. 3680 in 3 years. If the rate of interest deceased by 3%, what will be the amount after 3 years?

    (A). Rs. 3392

    (B). Rs. 3520

    (C). Rs. 3600

    (D). Rs. 3480

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  • 8 . The ages of Surabhi and Neeraj are in the ratio of 3:4. After 6yrs. the ratio of their ages will be 15:19. What is the age of Neeraj?

    (A). 24yrs.

    (B). 32yrs.

    (C). 26yrs.

    (D). None of these

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  • 9 . Neta’s monthly income is 2 ½ times Gayatri’s monthly income. Gayatri’s monthly income is 15% more than Priyanka’s monthly income, Priyanka’s monthly income is Rs. 30,000. What is Neta’s annual income?

    (A). 1324800

    (B). 86250

    (C). 120300

    (D). 103500

    Show Answer